Dr. Deming explains the '5 Deadly Diseases' of management

In 1984, Dr. W. Edwards Deming foresaw the current economic crisis and the cause. Take a look at this video and you will learn of the "5 Deadly Diseases" that are at the heart of the problem.

Dr. Deming said, "A Transformation must take place in American industry or it will continue on the decline until the style of American management changes ... and they don't know what to do. Ninety-eight percent don't know there is a problem or there is anything they can do."